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Influential market model says bitcoin price will hit $1 million in 2025
The bitcoin price is surging higher, passing the $35,000 mark earlier today in a high that hasn’t been seen for over a year. It’s up more than 30% in the last month. The leading cryptocurrency has been the best-performing asset of any class so far this year, with retail and institutional investors alike getting more excited about the prospect of an approved spot bitcoin exchange-traded fund (ETF), a product that can offer bitcoin exposure in a regulated, risk-mitigated way. And as the bitcoin market continues to reflect this excitement over the last week, some of its more optimistic price models appear to be back ... (full story)